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customer insights (good information (completeness, timeliness, relevance,…
customer insights
good information
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• Internal databases: electronic collections of consumer and market information obtained from data sources within the company network.
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research and data
primary data
information collected for the specific purpose at hand. Primary data is a result of primary research.
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data can be collected
internally
it department, marketing department
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research approaches
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experimental research
Experimentation involves the manipulation of one veriable to test its impact and effect on other veriables
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ethnographic research
a form of observational research that involves sending trained observers to watch and interact with customers in their natural environment.
type of questions
indirect
used for more sensitive topics; projective techniques (you present something and respondents are asked to complete it ex presenting half sentence and they need to complete it)
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close ended
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likert scales
a measure of attitudes designed to allow respondents to rate how strongly they agree/disagree with a statement.
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marketing research
• Market research practical definition: marketing research involves a process where by information gathered, organised, and analysed and is than used to assist management in decision making to help organisations to set and achieve better objectives, to plan more effectively and to better identify and satisfy customer needs.
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